Please answer the following questions by answering steps A and B that being that being recording transactions to the general ledge and posting transactions to leger accounts.

Transaction Ehtrles, Posting, llal Balance, and Adjusting Entries The Wellness Catering Service had the following transactions in July, its first month of operations 1 Kelly Foster contributed personal funds in exchange for common stock to begin the business. $18,000 2 Purchased the following for cash: (make a compound entry) Delivery van Equipment Supplies 3,780 3,240 1,700 2,160 3 Paid one-year premium on liability insurance policy 4 Entered into a contract with a local service club to cater 750 6,000 2,340 1,700 5,000 3,400 1,800 850 3,700 4,800 2,000 weekly luncheon meetings for one year at per month. Received 8 months fees in advance 5 Paid rent for July, August, and September 6 Paid employee's two weeks' wages (five-day week) 7 Billed customers for services rendered 8 Purchased supplies on account 9 Paid employee's two weeks' wages 10 Paid July bill for gas, oil and repairs on delivery van 11 Collected on account from customers 12 Billed customers for services rendered 13 Foster received a dividend